Project COD definition

Project COD has the meaning set forth in Section 3.2.
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Project COD has the meaning set forth in the Company Agreement.
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Project COD means the date on which the Project achieves Commercial Operation.
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Examples of Project COD in a sentence

  • The Mandatory Development Obligations shall enter into commercial service on Project COD whereupon the Concessionaire shall be entitled to provide Hospitality Services and charge Revenue from the Users, subject to compliance with Applicable Laws, Applicable Permits, Good Industry Practice and provisions of this Agreement.

  • The Performance Security shall remain in force and effect for a period of [6 (six) months] from the Project COD (the “Performance Security Period”); provided, however, that the Performance Security shall not be released if the Concessionaire is in breach of this Agreement.

  • Until Project COD, the Independent Engineer shall inspect the construction and development of the Project, at least once a month and make a report of such inspection (the "Inspection Report") stating in reasonable detail the defects or deficiencies, if any, with particular reference to the Specifications and Standards.

  • All excess costs for Seller to recover the Project COD Target Date will be to Seller’s account and Seller’s sole responsibility.

  • Buyer and Seller shall jointly develop the written Operating Instructions for the Project by no later than ninety (90) Days prior to the Project COD Target Date Extended.

  • After Project COD, Seller shall prepare and submit to Buyer a single invoice for the accumulated Interconnection Costs pursuant to Article 4.

  • In the event that on the Project COD Deadline, the In-Service Date has occurred but the Contract Capacity is less than the Project Capacity, Seller shall pay Liquidated Damages in the amount of one hundred fifty thousand dollars ($150,000), multiplied by the number of MW by which the Contract Capacity is below the Project Capacity less any Daily Delay Liquidated Damages previously paid by Seller (“Contract Capacity Buy-Down Liquidated Damages”).

  • If Buyer determines that Seller’s proposed recovery plan is not likely to restore the progress or completion of the Project during the Construction Period, Buyer shall have the right to require Seller to implement, or cause to be implemented, measures determined in its sole reasonable discretion to bring the Project back on schedule for achievement of the Project COD Target Date.

  • Without prejudice to the provisions of Clause 12.1, if the rate of progress of Development Works is such that the Mandatory Development Obligation is not likely to be completed within the time period stipulated, the Concessionaire shall inform the Independent Expert at fortnight intervals, in reasonable detail about the steps it proposes to take to expedite progress and the period within which it shall achieve the Project COD.

  • The Authority agrees to provide to the Concessionaire cash support by way of an outright grant equal to the sum set forth in the Bid, namely, [Rs. [●] (Rupees [●])] which is summation of the following capital grant and NPV of O&M Cost of five years post Project COD as operation grant, in accordance with the provisions of this Article 29 (the “Grant”).


More Definitions of Project COD

Project COD means the Date of Commercial Operation of the last Unit of the Project, which shall not be later than June 30, 2010, or 21 months from Financial Close, whichever is earlier.
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Project COD shall have the meaning set forth in Section 2.3.1 hereof. "Project Violation" shall have the meaning set forth in Section 6.1.3 hereof.
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Project COD has the meaning given to it in the OSW LLC Operating Agreement.
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Project COD means the commercial operation date for a specific Solar Energy Project determined according to the terms of Section 4.1.
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Related to Project COD

  • Development Project means a project for the development of land within a

  • Project Improvements means site improvements and facilities that are:

  • Project Data means all proprietary data of the Project generated out of the Project operations and transactions, documents and related information including but not restricted to user data which the Bidder obtains, possesses or processes in the context of providing the Services to the users pursuant to this RFP including the SLA;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Plan means the document to be developed by the Contractor and approved by WTL, based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by WTL. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.